Lifecycle Management Programs

Lifecycle Management Programs

Making sure you make the right investment every time is almost impossible. And it can be daunting knowing your business is vulnerable to risk. Our methodology is simple – you’re not in this alone! LifeCycle Advantage enables us to partner with you to deliver immediate improvements in equipment reliability, operational efficiency, and measurable cost savings.

LifeCycle Advantage is our formal methodology for evaluating an operation and implementing programs created with the complete lifecycle of your equipment and systems in mind. Through this methodology, we form a strategic partnership with mutually compatible goals and key performance indicators to ensure that everyone wins. Basically, when you thrive, we thrive.

We welcome the challenge that comes with optimizing your unique operating goals and equipment. Together we’ll minimize downtime, streamline your inventory, reduce costs and extend equipment life. The result is immediate impact in operating performance and a quick delivery of results to the bottom line.

Flowserve looks at learning from a customer’s perspective, which is why students come away from our education and consultative programs with the skills they need to strengthen their company’s competitive position.

The LifeCycle Advantage program also provides access to additional consultative services such as system analysis, diagnostics and energy management. These services develop expertise in equipment performance and reliability to pinpoint problem areas, diagnose complete system impacts, and deliver solutions to improve the operation of your plant.

We begin with a complete survey of your equipment and documentation of its maintenance history to identify critical and under-performing equipment, the root causes of failures, and corrective courses of action.

Key performance indicators are established to measure program success, and implementation teams meet routinely to review performance indicators and assure program goals are met.

The result: fewer equipment failures, less downtime, lowered total cost of ownership and increased overall profitability.

In addition to the hard costs of materials and services, the Flowserve LifeCycle Advantage program focuses on reducing the man-hours associated with procurement. Our program promotes a collaborative relationship that drives efficiency and cost reduction.

As part of your LifeCycle Advantage agreement, we’ll review procurement processes and help you reduce the number of your transactions, minimize procurement paperwork, and increase your administrative productivity. By consolidating business with Flowserve, you can process fewer purchase orders and invoices.

The key to driving efficiency is having the proper personnel, processes, and tools available. LifeCycle Advantage enhances all three elements at your plant. By leveraging our equipment expertise and enhancing your existing processes, we can make immediate impacts—reducing costs and increasing productivity.

While the LifeCycle Advantage program is based on a highly structured implementation process, every LifeCycle Advantage agreement is carefully customized to meet each customer’s unique operating goals and requirements.

A comprehensive analysis of current inventory and inventory requirements

Recommendations for the consolidation and reduction of inventory

Assignment of criticality and availability ratings for pump, seal, valve, and automation assets

After evaluating inventory options, an inventory management program is established with just-in-time equipment procurement. A targeted program is created to reduce both transaction and carrying costs.

Flowserve manages this important aspect of the LifeCycle Advantage solution to reduce the number of inventory items that need to be controlled, and helps plants reduce inventory costs and related expenses. This allows your personnel to focus on more profitable, mission-critical activities.

LifeCycle Advantage brings together a global team of mechanical sealing experts, rotating equipment specialists, reliability engineers, and specialists in valves and automation. This may be on-site at your facility or through our global network of service experts and Quick Response Centers.

On-site technical support for your rotating equipment or valve and automation equipment is augmented by our technical development facilities. There, equipment can be modeled and tested under actual running conditions through computer-aided and finite element analysis programs.

Your LifeCycle Advantage team includes technical and resource support from a global network of engineers and specialists whose responsibilities include:

Troubleshooting, and recommendations in the field regarding installation, design, and operations

Flowstar.net is a secure, web-based application used to help customers implement comprehensive reliability improvement programs. It tracks performance data such as meantime between failure (MTBF), and offers real-time access to equipment databases with powerful filtering and sorting capabilities. Access Flowstar.net

Related Services

Asset Optimization

Our performance monitoring capabilities and world-class services teams can help you not only “detect & diagnose” but also “fix and optimize” your plant systems to help you realize more potential from your plant operations.

Asset Condition & Performance Monitoring

Our edge sensor and communications devices and advanced software and analytics capabilities, combined with a world-class services team of global experts, help you troubleshoot and prevent equipment failures and system disruptions before they occur.